Xau Gold Long term analysis
Updated
#XAUUSD analysis
Weekly Time Frame , it looks recession may hit hard ...
In Daily TF, The Price has Started a new up trend which is a pull back a previous Downtrnd leg. we may see a drop to 1681~1665$ :then Finishing 2nd Leg and run up
The potential Supply zone to reject the Price are 2 zones:
1) ~1873
2) ~1970
I can See that #GOLD may Reach 1450 Area if the Recession Hit ...
Stay sharp ...
#xausd #recession #Dollar
Weekly Time Frame , it looks recession may hit hard ...
In Daily TF, The Price has Started a new up trend which is a pull back a previous Downtrnd leg. we may see a drop to 1681~1665$ :then Finishing 2nd Leg and run up
The potential Supply zone to reject the Price are 2 zones:
1) ~1873
2) ~1970
I can See that #GOLD may Reach 1450 Area if the Recession Hit ...
Stay sharp ...
#xausd #recession #Dollar
Trade closed: target reached
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